Binance, the largest crypto exchange in the world by trading volume, has been the target of massive FUD (Fear, Uncertainty, and Doubt, for the uninitiated) over the last couple of days. After FTX coll...
Tag: Binance
massive withdrawals has no effect on Binance
The CEO of on-chain analytical company CryptoQuant looked at the largest exchange’s assets to determine whether it was financially sound, resilient, and ready for another sizable wave of withdrawals. ...
VIDEO: What is happening with Binance? On-chain analysis with Sandra Leow of Nansen
Binance has seen an enormous flood of withdrawals this week, as fear has spread about the health of the exchange in the aftermath of the FTX collapse. This stems from concern about its proof-of-reserv...
Former FTX CEO Arrested, Binance Trembles
Yesterday was a difficult day for both Binance and the former CEO of FTX. According to data revealed by Nansen, from Monday 12 to Tuesday 13 December it recorded a net volume of outflows of more than ...
Tron Founder Justin Sun Withdraws 100M BUSD From Binance, FUD Ending?
Tron founder Justin Sun on Wednesday withdrew 100 million BUSD stablecoins from crypto exchange Binance. The 100 million BUSD withdrawn was then moved to the Paxos Treasury. Binance CEO CZ on Tuesday ...
Bumpy road ahead for Binance and for crypto
Binance CEO Changpeng Zhao warns that the next few months will be a bumpy road for crypto. Confidence undermined As well as suffering a year-long bear market in which several platforms have collapsed,...
Binance Converts All USDc to bUSD Paxos Confirms – Trustnodes
The stablecoin wars appear to have began with a most interesting revelation coming out of the Proof of Keys test of Binance, which is still sort of on-going. Austin Campbell, the Head of Portfolio Man...
Bitcoin, Binance Coin, Tron, and Avalanche Daily Price Analyses – 14 December Morning Prediction
The global crypto market has seen a positive trend over recent hours. The performance of Bitcoin, Binance Coin, and others shows a significant improvement. The market had faced turbulence for the last...
Oryen Network Price Will See Astronomical Peaks Once Cardano and Binance Coin Whales Invest
For many financiers, making money with minimal effort would be ideal. This method of making money in the DeFi ecosystem is made possible by Oryen, regarded as the best passive income token. Even as it...
Binance Moves Over 1.89 Trillion Shiba Inu
– Advertisement – Over 1.89 Trillion SHIB was moved by Binance. In the past 24 hours, Binance moved hefty Shiba Inu tokens to various external wallets and another exchange. Etherscan data ...
Binance U.S Introduces Binance Pay Service For U.S Users
12 seconds ago | 2 mins read Exchange News The service went into beta internationally in February 2021 for peer-to-peer payments. The exchange clarified that all Pay transactions would be free of any ...
Binance Processes Close to $8 Billion in Daily Withdrawals, CZ Says It Wasn’t a Even Top 5
Changpeng Zhao – CEO of Binance – said the wave of customer withdrawal requests has cooled off, assuring that the entity has coped with higher demands in the past. Data from CryptoQuant shows that the...
Binance News: “Things Have Stabilized, Deposits Are Coming Back In”
Binance CEO Changpeng “CZ” Zhao on Wednesday said deposits are coming back to the crypto exchange. The FUD surrounding Binance facing FTX contagion and the DOJ probe caused massive withdrawals from th...
Binance CEO warns colleagues ‘crypto winter’ isn’t over: Bloomberg
“While we expect the next several months to be bumpy, we will get past this challenging period — and we’ll be stronger for having been through it,” Bloomberg reported the executive as saying in an int...
Crypto community members discuss bank run on Binance
Within the past 24 hours, cryptocurrency exchange Binance has seen outflows of over $1.14 billion due to rising FUD — or fear, uncertainty and doubt — within the crypto ecosystem. According to Binanc...
Binance CEO CZ Says His Company Will “Survive” Crypto Winter
Alex Dovbnya Binance CEO Changpeng Zhao has warned about “tough months ahead” for industry while stressing that exchange would survive crypto winter In a memo sent to staff, Binance CEO Ch...
Binance CEO CZ Calls Huge Withdrawals Business as Usual
Exchange News A total of 40,353 Bitcoins and 278,017 Ether tokens were withdrawn. Binance’s native cryptocurrency BNB Coin dropped by 5 percent on Tuesday. On Monday, reports surfaced that the U.S. De...
SmarterWorx Is Your Chance If You Missed Binance Coin or Shiba Inu Early On
The cryptocurrency market is a booming industry. It takes a lot of work to keep up with all the new cryptocurrencies and blockchain projects coming out daily. However, staying on top of them is import...
CZ Says Binance ‘Will Survive Any Crypto Winter’
Binance experienced a historic day and stress test yesterday after several rumors and FUD surfaced. As Bitcoinist reported yesterday, most of it was indeed FUD while the Proof of Reserves is raising s...
Binance Announces Resumption Of USDC Stablecoin Withdrawals
Cryptocurrency exchange Binance has announced that it is resuming USDC stablecoins after temporarily pausing requests for several hours. The halt in withdrawals was announced as the world’s largest c...
Binance net withdrawals topped $3.6B over the last 7 days: Report
Binance appears to be suffering from a decline in liquidity. A report from crypto analytics firm Nansen, indicates that Binance had net withdrawals of more than $3.6 billion from Dec. 7 to Dec. 13. Bi...
Binance Handles Massive Withdrawals Amid FUD
Earlier this week on Monday, the news break out that the U.S. DoJ is considering the possibility of filing criminal charges against Binance and its executives. As a result, the crypto exchange has wit...
Things Have ‘Stabilized’, CryptoQuant Says ‘No Shady On-Chain Activities’ From Binance
– Advertisement – Ki Young Ju believes Binance’s on-chain activity looks normal for now, even as CZ says things have stabilized. In a tweet yesterday, CryptoQuant chief Ki Young Ju asserte...
BNB Price Prediction: Is the Binance Exchange Next to Collapse?
The BNB price has slumped in recent days. While other altcoins shifted sideways or up slightly, Binance Coin (BNB) dropped slightly. This induces some nervousness at a time when investors are concerne...
Binance Boss Dispels Billion-Dollar Exchange Withdrawal FUD
Binance CEO Changpeng Zhao has responded to a torrent of fear, uncertainty, and doubt (FUD) following increased withdrawals from the exchange. On Dec. 14, Changpeng Zhao stated that the recent spate o...
Binance sees the largest outflow of stablecoins in 24 hours
Crypto exchange Binance faced the largest stablecoin (BUSD+USDT+USDC) outflows in 24 hours, amounting to $2.159 billion. Despite the recent wipeout, Nansen estimates that Binance still holds $30 billi...
SBF faces 8 criminal charges; Binance reportedly has billions in undisclosed reserves
The biggest news in the cryptoverse for Dec. 13 includes the arrest of former FTX CEO Sam Bankman-Fried, the testimony of FTX’s new CEO John Ray on what led to the exchange’s failure and Binance repor...
Binance Coin (BNB) Price Analysis for December 13
Bulls seized the initiative on Tuesday as all of the top 10 coins are in the green zone. BNB/USD Binance Coin (BNB) could not show such a rise as Ethereum (ETH) or Bitcoin (BTC), rising by 0.73%. On t...
Binance Customer Withdrawals Exceed $3 Billion in 24 Hours
Behemoth crypto exchange Binance has seen massive withdrawals in the past week and—on Tuesday—the highest amount of one-day withdrawals since June, Nansen data has revealed. Binance’s international ar...
Justice Department Looks to Charge Binance, Executives
According to reports by the news agency Reuters, United States prosecutors are considering filing criminal charges against cryptocurrency exchange Binance and executives of the company, including foun...
Where’s BNB Coin Price Going Amid Binance FUD & Withdrawals?
Binance BNB Coin Price News: Small and retail crypto traders are still struggling to come to terms with the adverse impacts of the FTX bankruptcy. In this context, major crypto exchange Binance stayed...
Binance Ethereum-based token withdrawals top $2B in 24 hours
Binance recorded over $2 billion in outflows in Ethereum-based tokens since Dec. 12 –its highest daily withdrawal since June– according to Nansen data. Source: Nansen When Binance users’ withdrew asse...